Economic Premises for Updating the Annual Fees for Perpetual Usufruct of Land in the Recession in the Property Market

Iwona Foryœ
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Iwona Foryœ: Uniwersytet Szczeciñski, Wydzia³ Nauk Ekonomicznych i Zarz¹dzania, Instytut Ekonometrii i Statystyki

World of Real Estate Journal (Swiat Nieruchomosci), 2015, issue 91, 23-28

Abstract: The fee update for perpetual usufruct (pu) of land is the subject of very going issue, despite the downturn in the real estate market., The process is particularly painful for users of perpetual estate in the centers of large cities, where prices are rising despite the crisis. The latter are in fact the basis for updating the market value of the land property for the purposes of calculating the new charges. The decision of the owner of land to take procedures, aiming to update these fees should be preceded by a detailed analysis of the market, confirming the economic premises for upgrade fees. Theoretical considerations are supplemented by empirical analysis, carried out in the local real estate market.

Keywords: perpetual usufruct land; revaluation of annual fees; value of real estate (search for similar items in EconPapers)
JEL-codes: R30 R31 R32 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:kra:journl:y:2015:i:91:p:23-28

DOI: 10.14659/worej.2015.91.03

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